Little Havana duplex in a quiet residential pocket, offering exemption from 40-year recertification requirements, current multifamily utility, value-add upside, and long-term T4-L land control.
Located at 1468 SW 2 Street, the property sits within one of Miami’s most established urban neighborhoods, close to Flagler Street, Calle Ocho, Downtown Miami, Brickell, the Miami River, and the Health District, while remaining tucked away from the heavier traffic and tourism patterns of the area’s commercial corridors.
The property is improved with a 1921-built duplex featuring a 2-bedroom/1-bath unit and a 2-bedroom/2-bath unit. The building needs renovation, but offers a compelling value-add canvas for an investor willing to restore character, improve operations, and capture rental upside in a supply-constrained Little Havana submarket.
Zoned T4-L and situated on a 5,000 SF lot, the site also provides longer-term development optionality in a neighborhood supported by durable residential demand, nearby schools, major employment centers, entertainment corridors, and strong access to Miami’s urban core.
| Listing ID: | A12041607 |
|---|---|
| List Price: | $595,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bathrooms Full: | 0 |
| Bathrooms Half: | 0 |
| Living Area: | 1,856 |
| Tax Annual Amount: | $8,388 |
| Architectural Style: | Detached, Other |
| Waterfront?: | No |
| City: | Miami |
| County Or Parish: | Miami-dade County |
| Subdivision Name: | Lawrence Estates Land Cos |
| Postal Code: | 33135 |
| Year Built: | 1921 |
| Building Name: | LAWRENCE ESTATES LAND COS |
| Cooling: | Central Air |
| Flooring: | Other |
| Heating: | Other |
| Listing Contract Date: | 2026-06-23 |
| Lot Features: | Less Than 1/4 Acre Lot |
| Status: | Active |
| Parking Total: | 1 |
| Postal Code Plus4: | 2205 |
| Sewer: | Public Sewer |
| State Or Province: | FL |
| Stories: | 2 |
| Building Area Total: | 1908 |
| Building Area Units: | Square Feet |
| Construction Materials: | Elevated Construction, Frame, Other |
| Cooling?: | Yes |
| Heating?: | Yes |
| Listing Terms: | All Cash, FHA |
| Living Area Units: | Square Feet |
| Lot Size Units: | Square Feet |
| MLS Area Major: | Lawrence Estates Land Cos |
| Number Of Units In Community: | 2 |
| Original List Price: | $700,000 |
| Parcel Number: | 01-41-02-006-2430 |
| Possession: | Negotiable |
| Public Survey Range: | 41 |
| Public Survey Section: | 2 |
| Public Survey Township: | 41 |
| Rent Includes: | None, Other Rent Incl |
| Roof: | Built-Up, Other |
| Stories Total: | 2 |
| Structure Type: | Duplex |
| Tax Year: | 2025 |
| Year Built Details: | Effective Year Built |
| Zoning: | 3901 |
| Adjusted Area Sf: | 1,466 |
| AreaMiamire Area: | 41 |
| Lp Amt Sq Ft: | $320.58 |
| Ok To Advertise ListMiamire Ok To Advertise List: | No |
| Ratio Current Price By Sqft: | $320.58 |
| StyleMiamire Style: | Duplex |
| Type Of AssociationMiamire Typeof Association: | None |
Listing Courtesy of: Fausto Commercial Realty Consultants Inc
305-753-3295
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Copyright 2026 MIAMI REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
MIAMI REALTORS® MLS data last updated on October 08, 2026 05:19 PM - ET
Property Last Updated: October 08, 2026 05:19 PM - ET
